GP9: Brad Rymer's 3 Secrets To Earning Consistent Passive Income With Mobile Home Parks [Intro to Mobile Home Parks For Beginners In 2023]

New to the idea of investing in mobile home parks for monthly passive income? 
In this podcast episode of The Legacy Wealth Podcast, I interviewed Brad Rymer CFO @ Haven Capital Ventures. He has been in the mobile home park industry for decades and in this episode he helped us understand why there’s such a hot trend in buying mobile home parks over the last few years. We cover that In addition to the consistency and reliability of cash flows in mobile home communities, the financial advantages of mobile home communities, and understanding the differences between mobile home parks and traditional multifamily properties.// About The Guests:========================Brad Rymer is the Co-Manager, CIO, CFO at Haven Capital Ventures, a Manufactured Housing Community Investment Firm headquartered in Bonita Springs, FL. Their strategy is to purchase core Manufactured housing communities that they can move slightly upscale, with deficient market rents, upgrade the conditions, and benefit from appreciation and value-add strategies that only come via the focus they have gained over time. Their strategy is purchase cashflow producing mobile home park communities, from mom & pop operators across the United States focusing on improving cashflow & increasing value. Since founding in November 2022, Haven Capital Ventures, has raised more than $2,200,000 with their 2nd fund currently fundraising.
Pascal Wagner is the founder of the Grow Your Cashflow Network which was formed to help accredited investors learn how to earn consistent passive income from private investments. Previously, he was the Fund & Portfolio Manager at Techstars, making over 300 follow-on investment decisions primarily for the Techstars Ventures ‘17 and ‘21 Funds, he founded Walkthrough, which was acquired by PlanOmatic in 2019, he founded Online Ad Labs which was acquired by PosterBrain in 2016, and he has owned a growing portfolio of real estate properties across the United States since 2013.// About The Show:========================Welcome to The Legacy Wealth Podcast where we help accredited business owners become educated & get access to, private investments that the wealthiest investors in the world utilize to grow their net worth. We do this by providing insight & access to successful fund managers & investors across multiple asset classes.// Links Related To This Episode:========================- Learn how to earn passive income from private investments: www.growyourcashflow.io- Get access to our deal database of all 506(c) cashflow opportunities we come across at: www.growyourcashflow.io/investor-club- Follow Pascal Wagner on Social: www.investwithpascal.com- Follow The Legacy Wealth Podcast on your favorite platform: https://legacywealthpodcast.transistor.fm/- Watch the show on YouTube: https://youtu.be/WKW6O7wASP8- Reach out to Kris Benson on Linkedin: https://www.linkedin.com/in/bradprymer/- Learn more about Haven Capital Ventures: www.havencapitalventures.com
// Key Time Stamps & Topics========================00:00 - Intro:01:15 - Brad's Background02:00 - Exploring the acquisition criteria and strategy of Haven Capital Ventures02:45 - Describing the transition from trailer parks to mobile home communities03:15 - Identifying undervalued and mismanaged communities for investment03:45 - Strategies to boost and modernize mobile home communities04:15 - Spotting opportunities for improving expense ratios and taxation06:00 - Characteristics of mobile home communities in different regions07:15 - The separation of lot rent and home rent for tenants08:00 - The desire for tenants to own their homes10:00 - Simplifying the fina